From our perspective, it was especially important to analyse the currents trends in the military technology and arms trade and figure out prospective implications for the Central Asian states and the adjacent region, including the Caucasus, Russia, China and Turkey.Īccording to the SIPRI report, the total arms sales by the 25 largest arms companies in the world reached 361 billion USD in 2019, which is an 8.5 percent increase compared to the previous year, but, unexpectedly, for the first time a Middle Eastern company appeared in the top 25, as EDGE representing the United Arab Emirates (UAE) ranked 22 nd in that list with an impressive share of 1.3 percent of total arms sales. Despite the fact that the current report does not reflect the direct and indirect impact of the COVID-19 pandemic on arms trade, it presents the principal trends and modifications of the global arms market, its key actors and the gradual shift within the system that highlights potential breakthroughs. A few weeks ago, the Stockholm International Peace Research Institute (SIPRI), the leading international research institute on armed conflict, military expenditure and arms trade, presented its extensive annual Arms Industry Database for 2019 that elucidates the current state of affairs in the field of development and transfer of military technology and weapon systems.
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